Financial Performance - Q4 net sales were $140.8 million, a decrease of $18.4 million, or 11.6%, from the comparable quarter last year [5] - Q4 gross margin was 28.8%, compared to 35.5% in the comparable quarter last year [5] - Q4 GAAP net income was $8.6 million, or $0.19 per diluted share, compared to $27.3 million, or $0.59 per diluted share, for the comparable quarter last year [5] - Non-GAAP net income for Q4 was $9.0 million, or $0.20 per diluted share, compared to $22.1 million, or $0.48 per diluted share, for the comparable quarter last year [5] - Full year net sales were $474.7 million, a decrease of $61.2 million, or 11.4%, from the prior fiscal year [5] - Full year gross margin was 26.8%, compared to 29.5% in the prior fiscal year [5] - Full year GAAP net income was $13.4 million, or $0.30 per diluted share, compared to $41.4 million, or $0.89 per diluted share, for the prior fiscal year [5] Management Commentary - The President and CEO noted that the fourth quarter was more difficult than anticipated due to macro-economic and industry trends, with lower sales and production volumes pressuring margins [4] - The Executive Vice President and CFO indicated that persistent inflation, high interest rates, and tariff concerns negatively impacted firearm market conditions [4] Market Outlook - The company expects demand for firearms in fiscal 2026 to be similar to fiscal 2025, subject to economic headwinds such as inflation and tariff-related cost increases [4] - The overall firearms market is seeing consumers being cautious due to macro-economic factors affecting discretionary spending [4] Dividend Announcement - The board of directors has authorized a quarterly dividend of $0.13 per share, payable to stockholders of record on July 7, 2025 [6]

Core Viewpoint - Smith & Wesson Brands, Inc. is set to release its fourth quarter and full fiscal 2025 financial results on June 19, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call and webcast on the same day, featuring key executives including the President and CEO, Mark Smith, and CFO, Deana McPherson [2] - The conference call is scheduled to begin at 5:00 p.m. Eastern Time [2] Group 2: Participation Details - Interested parties in North America can join the call by dialing 1-877-704-4453, while international participants can call 1-201-389-0920 [3] - Participants are advised to dial in at least 10 minutes prior to the start of the call [3] Group 3: Company Overview - Smith & Wesson Brands, Inc. is a leader in firearm manufacturing and design, offering a wide range of handgun, long gun, and suppressor products under the Smith & Wesson® and Gemtech® brands [4] - The company also provides forging and machining services to third parties [4]